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executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >> down in wall street or washington? >> washington. washington's south; right? >> of here. >> wall street's south of here too. >> but down, down there. the meetings are about keeping people, i think, in line. we should point out that larry fink is on the treasury secretary short list. you know, i think this is jack lew's to lose, so to speak. that's what people say on wall street. if he's well in the budget negotiations, meaning, you know, basically, jamming most of the president's proposals down the republicans' throat, looks
executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and...
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Dec 9, 2012
12/12
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KTVU
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. >> reporter: this attorney is seen smiling with pictures of president obama and former president clinton, but he wanted nothing to do with our camera. >> we're trying to track down those who owe the state and you happen to be no. 203 on the state, on the ground the state $280 he,000. >> i pay my fair share. i pay all of my taxes as i can. and so that is all i have got to say. >> reporter: the san francisco attorney told us in a letter today that he is working with the franchise tax board to pay his bill. he is just one in a long list of californians on the hook for back taxes. we reviewed the top 500 tax beats and found respected professionals including other lawyers, doctors and nurses and hollywood celebrity and the top of the list is san francisco tech pierre halsey pioneer halsey minor. we confronted another tax evader. and your husband owe more than $500,000 to the state? >> no, we don't. >> reporter: the franchise tax board also says the couple living in this 2.5-acre gated estes is clinton is way behind on its taxes. >> you are no. 229. no. 229. then there is dr. de leon, jr. of w
. >> reporter: this attorney is seen smiling with pictures of president obama and former president clinton, but he wanted nothing to do with our camera. >> we're trying to track down those who owe the state and you happen to be no. 203 on the state, on the ground the state $280 he,000. >> i pay my fair share. i pay all of my taxes as i can. and so that is all i have got to say. >> reporter: the san francisco attorney told us in a letter today that he is working with the...
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Dec 9, 2012
12/12
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WBAL
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the things that caught our attention this week as you look at the poll that came out about hillary clinton who is leaving as secretary of state and leaves at a time when a lot of people are talking about her runningour years from now. there's a lot of democrats who think she is taking steps necessary to do that, making the connections with voters and potential donors to position herself and she's certainly incredibly popular. her approval rating over 60%. those saying they would support a presidential bid at 57% according to a poll this week so that's where a lot of smart money is right now. >> and you mentioned earlier that a deal might be closer than we think. any more indications that the general public may not see that are going on behind the scenes right now you think are good signs? >> i think there's a lot of public posturing going on and one of the reasons why is when boehner and the president met privately and were negotiating privately last summer over the debt ceiling they ultimately were not able to produce a deal that boehner felt he could sell to his caucus so you see a lot m
the things that caught our attention this week as you look at the poll that came out about hillary clinton who is leaving as secretary of state and leaves at a time when a lot of people are talking about her runningour years from now. there's a lot of democrats who think she is taking steps necessary to do that, making the connections with voters and potential donors to position herself and she's certainly incredibly popular. her approval rating over 60%. those saying they would support a...
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Dec 7, 2012
12/12
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WETA
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. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here to make sure that they graduate. we want to prepare tfo b : >>rown's >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. th and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: with 25 days left until the year-end fiscal cliff
. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here to make sure that they graduate. we want to prepare tfo b :...
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Dec 5, 2012
12/12
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FOXNEWSW
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who will replace hillary clinton as secretary of state? lawmakers outraged over reports it could be ambassador susan rice. john kerry also a possibility. >> kate middleton spending her third day in the hospital after suffering an extreme form of morning sickness. >> prince william was 6 hours by her side. he seemed relaxed and even crack add smile. she may have to be hospitalized for several another days from severe nausea. we will have a live report from london. >> christmas came last night to washington with the lighting of the capital christmas tree. >> 3, 2 rn, 1. >> over 10,000 lights covered the 65 foot tree called in from colorado, by the way. house speaker john boehner led the holiday ceremony and an eagle scout from colorado helped him flip the lights. a beautiful site at the capital. that is your 5@5:00. >>> democrats and republicans are in firm agreement on one thing. they are nowhere near a deal to avoid the so-called fiscal cliff. peter doocy is life in washington with more. >> republicans have had their proposal to avoid the
who will replace hillary clinton as secretary of state? lawmakers outraged over reports it could be ambassador susan rice. john kerry also a possibility. >> kate middleton spending her third day in the hospital after suffering an extreme form of morning sickness. >> prince william was 6 hours by her side. he seemed relaxed and even crack add smile. she may have to be hospitalized for several another days from severe nausea. we will have a live report from london. >> christmas...
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Dec 8, 2012
12/12
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FOXNEWSW
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bill clinton. >> i'm not american so i can't really tell, can i. >i. >> sean: can you do a new york accent? >> i'm not going to try. >> >> sean: how you doing. talk radio, coffee. >> coffee. >> how you doin. great to see you. thank you for being on the show. >> sean: sadly, that's all the time we have left this evening. as always, thank you for being with us. let not your heart be troubled. the news continues. we will see you back here on monday. >> good morning to you, it's saturday, december 8th. so it's the middle of the weekend which is good news. i'm ainsley earhardt filling in for alisyn this morning. no end in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time.
bill clinton. >> i'm not american so i can't really tell, can i. >i. >> sean: can you do a new york accent? >> i'm not going to try. >> >> sean: how you doing. talk radio, coffee. >> coffee. >> how you doin. great to see you. thank you for being on the show. >> sean: sadly, that's all the time we have left this evening. as always, thank you for being with us. let not your heart be troubled. the news continues. we will see you back here on...
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Dec 8, 2012
12/12
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CURRENT
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two, as president clinton said, it's basic arithmetic. we can continue to sell movies to the rest of the world instruments, but that's not enough. we have to make stuff. three, the middle class. there are 11 million-12 million good paying jobs. and we want to keep as many of them as we can in the united states. there are options for still having a middle class life in this country. >> gavin: robert reich said we're not able to compete with cheap laborer, free land and all these other incentives. we should focus on retooling our economy and refocus on knowledge of cities. you take him on, it's not personal but you take on that point of view personally. >> you don't under this knowledge of. i think it reflects someone who has not been on the modern factory floor. manufacturing jobs are knowledge jobs. i talk about vita mix where they make all the blenders that produce frap frapachinos. these are jobs that require thinking and skill and it's false to make this distinction that some are knowledge jobs and some aren't. and if you look at manuf
two, as president clinton said, it's basic arithmetic. we can continue to sell movies to the rest of the world instruments, but that's not enough. we have to make stuff. three, the middle class. there are 11 million-12 million good paying jobs. and we want to keep as many of them as we can in the united states. there are options for still having a middle class life in this country. >> gavin: robert reich said we're not able to compete with cheap laborer, free land and all these other...
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Dec 3, 2012
12/12
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the attorney is seen smiling in pictures at his office with president obama and former president clinton, but he wanted nothing to do with our cameras. we're trying to track down those who owe the state and you happen to be no. 203 on list on the ground the state $203,000. >> he is also a former san francisco ethics commissioner once taxed with keeping politicians honest and now he is facing his own ethical tax dilemma. is it fair that folks like you don't pay their fair share (i pay my fair share. i pay all of my taxes as i can. and so that is how all i have to say. >> reporter: the foreman attorney told us in a letter today that he is "working with the franchise tax board to pay his bill. mccoy is just one in a long list of californians on the hook for baxtaxes. we reviewed the top 500 tax deadbeats and found professional, including doctors, lawyers and nurses hollywood celebrities including dionne warwick and topping the list with a $10 million tax bill is founder of san francisco-based cnet, tech pioneer halsey minor. we couldn't find him, but on main street in hayward. is there a re
the attorney is seen smiling in pictures at his office with president obama and former president clinton, but he wanted nothing to do with our cameras. we're trying to track down those who owe the state and you happen to be no. 203 on list on the ground the state $203,000. >> he is also a former san francisco ethics commissioner once taxed with keeping politicians honest and now he is facing his own ethical tax dilemma. is it fair that folks like you don't pay their fair share (i pay my...
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Dec 5, 2012
12/12
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a return to that, what we saw during the clinton years. what will that do to the economy? >> it will hurt, but it is necessary. let me make a few points. first, i think tax reform is obviously better than raising tax rates. raising the top marginal tax rate is less desirable than try to scale back reductions in the tax code. i think there are some reasonable approaches to tax reform. working for the day, going to the code to decide what is good and what is bad. given that is not going to be the case, i think a proposal like maya's or even the president's is reasonable, and there is a lot of agreement for tax reform. i think it is $600 billion from the president. i think there is room here for compromise. the second that i will say is that this tax reform will not generate enough revenue. $4 trillion. by my calculation, we do not need $4 trillion, but it is a bigger number than just tax reform will be able to generate, so in that context, we will have to let tax rates rise, and if we had to do that with an amount that would do the least economic damage, it would allow that
a return to that, what we saw during the clinton years. what will that do to the economy? >> it will hurt, but it is necessary. let me make a few points. first, i think tax reform is obviously better than raising tax rates. raising the top marginal tax rate is less desirable than try to scale back reductions in the tax code. i think there are some reasonable approaches to tax reform. working for the day, going to the code to decide what is good and what is bad. given that is not going to...
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Dec 3, 2012
12/12
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you get to secretary of state hillary clinton warning the u.s. was prepared to act if syria used chemical weapons if they're using them, so then what -- run through possible scenarios for me? >> well, the u.s. always said its red line is the use of chemical weapons. and of course you can imagine that people at the state department and other agencies in washington are very much looking into whether or not syria is simply moving stockpiles around, or preparing for some sort of use. if syria indeed, which is saying it's not going to do, uses the weapons out of desperation, because here you have some rebel strongholds that is not bowing to the syrian regime, despite the fact that it is repeatedly conventionally bombed. when you reach a level where there is desperation for a regime that feels everything around it is crumbling, the question is what will it use in order to try in some desperate last ditch measure to protect itself. that is the concern. the u.s. has always said this is a concern because it is not just within the borders of syria, that it
you get to secretary of state hillary clinton warning the u.s. was prepared to act if syria used chemical weapons if they're using them, so then what -- run through possible scenarios for me? >> well, the u.s. always said its red line is the use of chemical weapons. and of course you can imagine that people at the state department and other agencies in washington are very much looking into whether or not syria is simply moving stockpiles around, or preparing for some sort of use. if syria...
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Dec 3, 2012
12/12
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today secretary of state hillary clinton was in the czech republican today and she said if syria uses biological or chemical weapons that that would be quote a red line and the united states is prepared to take action if syria uses those weapons. well, and as this is all happening there appears to be some shifting in syria. in the past few days we've seen heavy, heavy fighting around damascus as rebels begin pushing in that area. there is cause to think the syrian government is losing its grip on damascus, that may be part of the reason why they are preparing their chemical weapons. the syrian government of course has said it does not have chemical or biological republicans, and even if it did it would not use them. jon, we are also hearing now that the foreign minister, the spokesman for the foreign minister, rather has defected. it's more evidence, sort of more to the belief that there is some shifting ground among the bashar al-assad regime. whether or not it's close to collapsing is anyone's guess but there are big changes going on right now among the bashar al-assad regime. jon:
today secretary of state hillary clinton was in the czech republican today and she said if syria uses biological or chemical weapons that that would be quote a red line and the united states is prepared to take action if syria uses those weapons. well, and as this is all happening there appears to be some shifting in syria. in the past few days we've seen heavy, heavy fighting around damascus as rebels begin pushing in that area. there is cause to think the syrian government is losing its grip...
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Dec 4, 2012
12/12
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. >> secretary of state hillary clinton echoed obama's words. she says the use of chemical weapons is a red line for the u.s. she warned her country would certainly plan to take action should that happen. foreign ministry spokespersons in syria have responded to clinton and obama. they say even if such weapons were available the assad administration would not use them under any circumstances against the syrian people. >>> aid workers from the united nations and the european union continue to provide humanitarian services even after u.n. cease-fire monitors withdrew from syria in august. now officials have decided to withdraw their remaining personnel. they say it's just too dangerous. >> the united nations and syria will pull out non-essential international personnel with immediate effect. >> nesirky said any u.n. personnel who stay behind will be restricted to the capital damascus. eu sources said their ambassador and two other diplomats would be recalled. they say about ten syrian employees will take over information gathering and liaison acti
. >> secretary of state hillary clinton echoed obama's words. she says the use of chemical weapons is a red line for the u.s. she warned her country would certainly plan to take action should that happen. foreign ministry spokespersons in syria have responded to clinton and obama. they say even if such weapons were available the assad administration would not use them under any circumstances against the syrian people. >>> aid workers from the united nations and the european union...
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Dec 6, 2012
12/12
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secretary of state hillary clinton meeting today with the u.s. special envoy and russia's foreign minister. sources say the focus of the talks is formulating a plan on how to move forward with the crisis in syria. clinton noted growing concerns that the president may use chemical whelms eapons on his o people. >>> more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city lights from around the globe. it's so awesome. it took nine days for a satellite to capture these images. it needed 312 trips around the earth to take all of the approxima pictures. they were mapped over existing imagery of the earth to make this one impressive view. wow. >>> zynga, the game company that makes farmville wants to dabble in real money. online gambling. it filed an application for a gaming license in nevada. the only state that currently allows it. it could help zynga make up for lost revenue from other games. >>> it will take years for new jersey to recover f
secretary of state hillary clinton meeting today with the u.s. special envoy and russia's foreign minister. sources say the focus of the talks is formulating a plan on how to move forward with the crisis in syria. clinton noted growing concerns that the president may use chemical whelms eapons on his o people. >>> more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city...
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Dec 2, 2012
12/12
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FOXNEWSW
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secretary of state hillary clinton making one of her final official visits this week. she will first head over to the czech republic and then off to belgium with a meeting with n.a.t.o. leaders and then dublin, a major speech how the u.s. has spotted human rights and finally stop in northern ireland for their efforts. >> and a wisconsin mother, got a special gift this christmas, a kidney and it's thanks to a billboard. and stephanie henderson's kidneys failed and they bought a billboard a young mother needs a kidney donor, is it you? it inspired a stranger to get tested and a match was found and now stephanie has a new kidney. >> this are so many emotions going through my head. i don't know which one to latch on to to say it's the exciting part or thankful part. oh my gosh, is this happening part? >> the transplant included a chain of four donors and four recipients across the country. and she received her new kidney last week and is recovering and doing well. those are your headlines. >> all right, thanks, check in with rick reichmuth for a look at the forecast and it
secretary of state hillary clinton making one of her final official visits this week. she will first head over to the czech republic and then off to belgium with a meeting with n.a.t.o. leaders and then dublin, a major speech how the u.s. has spotted human rights and finally stop in northern ireland for their efforts. >> and a wisconsin mother, got a special gift this christmas, a kidney and it's thanks to a billboard. and stephanie henderson's kidneys failed and they bought a billboard a...
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Dec 3, 2012
12/12
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syria from secretary of state hillary clinton. she said that any move by the assad regime to use chemical weapons against rebels would be considered crossing a red line by the united states. it would prompt action by the u.s. one official told cnn that there had been quote worrying signs of activity in syria over the last few days. i want to get to our panel this morning talk a little bit about that. barbara starr is cnn's pentagon correspondent. w. bell, a comedian who's the host of totally biased, and u.s. congresswoman ann hayworth is with us as well. barbara, what are the worrying signs? >> what our sources are telling us, soledad, last couple of days there have been new intelligence that the syrians are now moving their chemical weapons around in a very different way. not just consolidating for security purposes, but potentially moving them in a way that indicates they might be getting ready to use them. what do we mean by that? likelihood is what they're doing is using some of the chemical material closer or to the artillery
syria from secretary of state hillary clinton. she said that any move by the assad regime to use chemical weapons against rebels would be considered crossing a red line by the united states. it would prompt action by the u.s. one official told cnn that there had been quote worrying signs of activity in syria over the last few days. i want to get to our panel this morning talk a little bit about that. barbara starr is cnn's pentagon correspondent. w. bell, a comedian who's the host of totally...
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Dec 10, 2012
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don't republicans, some republicans want susan rice to be the next secretary of state replacing hillary clinton? in the past, top democrats claimed she's only being criticized because she's black. >> you know, these are code words. that's kinds of terms, those of us, especially those of white house have born and raised in the south, we are hear these words and phrases all of our lives and we get insulted by them. susan rice is as competent as anybody you will find. she was wrong for doing it. but don't call her incompetent. that is something totally different. >> steve: is that really the case? here to comment is senior fellow at the hoover institution, victor davis hanson. pleasure to have you. thank you very much. >> thank you for having me. >> steve: what do you think of that? >> sharon rice wasn't on tv shortly after the benghazi attack, and not just declared u about emphatically declared that it was a result of spontaneous demonstration. i think all america as they saw her say that, couldn't believe it. people don't bring povertyars to demonstrations. >> steve: absolutely. you would think
don't republicans, some republicans want susan rice to be the next secretary of state replacing hillary clinton? in the past, top democrats claimed she's only being criticized because she's black. >> you know, these are code words. that's kinds of terms, those of us, especially those of white house have born and raised in the south, we are hear these words and phrases all of our lives and we get insulted by them. susan rice is as competent as anybody you will find. she was wrong for doing...
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Dec 3, 2012
12/12
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CNBC
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the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president c
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of...
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Dec 7, 2012
12/12
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. >> hillary clinton releasing this statement yesterday events on the ground in syria are accelerating we see that in many different ways. the pressure against the regime in and around damascus seems to be increasing.what happens if a forth with the chemical warfare. senator mccain is discussing the role of the united states. >> i think we would be directly responsible. all of those who argued against intervention warned us that if we intervene these terrible things would happen. well, we did intervene and all of these terrible things, the consequences have been huge as we sat by and watched these 40,000 people massacred. it was very clear that there is more al qaeda and jihadists in syria. some of the arms because we didn't supply it supplied from saudi arabia and qutar gone to saudi rab gnaw and jihadist. because we didn't establish a safe zone for them to organize and basically have a benghazi they have been disjointed and unable to coordinate together. this is a serious crisis and we have to be prepared to put american troops, not to fight, not to be on the ground to fight but perh
. >> hillary clinton releasing this statement yesterday events on the ground in syria are accelerating we see that in many different ways. the pressure against the regime in and around damascus seems to be increasing.what happens if a forth with the chemical warfare. senator mccain is discussing the role of the united states. >> i think we would be directly responsible. all of those who argued against intervention warned us that if we intervene these terrible things would happen....
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Dec 3, 2012
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. >>> a strong warning today from secretary of state hillary clinton to the syrian government over the potential use of chemical weapons. one official in the obama administration told cnn there are worrying signs that syria may be considering the use of such weapons against rebels. new this morning, this mayor of this town along the border with turkey told cnn that jets dropped two bombs wounding several people. >>> it is 18 minutes past the hour. we are getting an early read on your local news making national headlines this story from "the boston globe." a year after the paper found that stores and restaurants across massachusetts were intentionally mislabeling fish. guess what? the practice continues. dna testing shows some business are showing cheaper, lower quality fish instead of what is written on the label. in one case, slices of what were supposed to be white tuna at a sushi shop were an oily species of fish that can cause digestive issues. that's terrible. >>> the "new york times," this story got so much attention locally here and around the nation. the homeless man who receiv
. >>> a strong warning today from secretary of state hillary clinton to the syrian government over the potential use of chemical weapons. one official in the obama administration told cnn there are worrying signs that syria may be considering the use of such weapons against rebels. new this morning, this mayor of this town along the border with turkey told cnn that jets dropped two bombs wounding several people. >>> it is 18 minutes past the hour. we are getting an early read...
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Dec 6, 2012
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you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then the question is how you get there, and the president believes that we should raise revenues with a tax system that has been proven in the past to go along with very substantial -- >> you can't conflate the two. you have the entire -- >> joe, joe, if you go back to this, i'm not sure what you're arguing. >> raising on 2% is different than the other structure. >> the reason it's different is that the tax rate on everybody else is going to be lower. >> right. so you don't have nearly as much money to balance the budget in the '90s. >> many other things have changed in the interim and we have set as a framework a
you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then...
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Dec 10, 2012
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we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then, we're wrong. it would be $165,000. so the point is, is that the difference between these two is $85,000. okay? is a 35% miss when it comes to being honest about it. oh, even worse let's take this. how many times, of course you've heard a million times, taxes on million favors and billionaires, even though, and i know this is adjusted, okay, but let's just keep it $250,000. well, 250 grand isn't a million. so it's off by 750-k over 1 million. okay? so, in essence, what we're doing is we're off on this one by 75%. we're off by 35% and 75%. so why am i doing this? because i'll tell you what, m
we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then,...
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is that secretary clinton's responsibility? >> well it seems that the president should have known about the level of recruitment going on for al qaeda-linked terrorists right in that area. it was a hotbed. it was really a center of recruiting right there in eastern libya. so i want to know why the president continued to speak of having al qaeda on the run when in fact that is not the case at all. we saw them getting stronger, more forceful and the story that he was telling the american people i think now is going to come out was a story to deceive the american people but certainly to mislead them. jon: you started off this segment by saying you believe that those hearings should be open. is there the possibility, maybe likelihood they will be closed? >> not if i have anything to do with it. i want to have open hearings on the record so the american people can hear the answers from the secretary of state. jon: senator john barrasso, republican, from wyoming. we'll look forward to the hearings and yes we do hope they're open. >>
is that secretary clinton's responsibility? >> well it seems that the president should have known about the level of recruitment going on for al qaeda-linked terrorists right in that area. it was a hotbed. it was really a center of recruiting right there in eastern libya. so i want to know why the president continued to speak of having al qaeda on the run when in fact that is not the case at all. we saw them getting stronger, more forceful and the story that he was telling the american...
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the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the president has always said it has to be a balanced approach. >> if you can choose, if you could choose, what's -- i mean we've heard -- we've heard from their side, from the other side, and i'm talking about from your viewpoint, secretary geithner. >> yes. >> has said, we -- if we don't get the 2% -- if we don't get the rise on rates on the 2% we'll go over the fiscal cliff. in your view would it be better to go over the fiscal cliff than to get the back to the clinton rates on the high end? >> i think the best thing we don't go over the fiscal cliff.
the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the...
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four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen. washington's got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the pretty about such a plan. >> speaker, you did speak with the pretsident earlier this wee. can you talk about that call? also we understand that he's making clear that it's got to be increasing rates for the wealthy or no deal
four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would...
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ambassador to the united nations under president clinton nancy and nile at the heritage foundation. all right, nancy, let's look at your reaction. dick cheney comes out and says we are not respected and not feared. chaos everywhere. and we're not really seeing leadership from washington. what's your reaction to that? >> he is just out of touch and should take a page out of president bush's book and stay on the sidelines, write his memoirs but he is really not looking at the world as it is today. president obama has made this world safer. he has restored america's respect around the world. and it's actually teed up to have an extraordinary second term to make progress to keep us safe on a range of issues. i'm sure that's what he will do. >> laura: if you are somebody who doesn't follow things closely but you look at the images on television and syria, clashes in egypt, islamism rising through the parts of africa. it doesn't look like especially religious minorities, cause of freedom is really being respected. it seems like chaotic is a very mild way of describing it. >> the world is
ambassador to the united nations under president clinton nancy and nile at the heritage foundation. all right, nancy, let's look at your reaction. dick cheney comes out and says we are not respected and not feared. chaos everywhere. and we're not really seeing leadership from washington. what's your reaction to that? >> he is just out of touch and should take a page out of president bush's book and stay on the sidelines, write his memoirs but he is really not looking at the world as it is...
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they won't necessarily go back to the bush era or the clinton era 39.7%. it could go to 37% or it could be an increase. >> or change that 250 to $500,000. bill clinton -- >> even biden said a million dollars. a slip of the tongue. >> but does that help? if you look to california as a mini country, a barometer, what happens when you raise taxes. >> the largest economy in the country. >> which they did. but the revenue doesn't show. look at it. it's down logical -- almost 11%. >> they have raised taxes on the highest wage earners and yet they have a shortfall of revenue. it's a tough one, how that happens. the argument is -- >> they don't pay property taxes. >> if you raise taxes, the republicans argument is if you raise taxes, they hire fewer people and take all sorts of -- the shortfall into effect and want to keep their profits. so they don't do the things they would do if they had that excess cash. >> the other would be to create new taxpayers instead of new taxes. >> or as marco rubio talks about, increasing growth by fostering government and businesses
they won't necessarily go back to the bush era or the clinton era 39.7%. it could go to 37% or it could be an increase. >> or change that 250 to $500,000. bill clinton -- >> even biden said a million dollars. a slip of the tongue. >> but does that help? if you look to california as a mini country, a barometer, what happens when you raise taxes. >> the largest economy in the country. >> which they did. but the revenue doesn't show. look at it. it's down logical --...
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there are actually two meetings between secretary clinton and the foreign minister. and you know, russia actually does -- this is one area where they do agree. russia is very much opposed to any type of use of chemical weapons and in fact secretary clinton thanked him for speaking about that which she did in brussels just yesterday, talking about that. although, brooke, you know, you have to say that the russians next breath say that they have raised that issue, in fact, with bashar al assad. the president of syria. and he assures them that there's no use intended and it is not a problem and, so, you kind of have two messages coming from the russians but you would have to say they're very much opposed to that and a lot of concern. >> so do they then -- do the russians believe assad when he assures them that he won't? and, are there new sign that is the russians might be waivering in their support of assad? >> reporter: you know, it's thoohard to say whether they believe it. you have to say at least on the surface they're saying we are taking him at his word that he w
there are actually two meetings between secretary clinton and the foreign minister. and you know, russia actually does -- this is one area where they do agree. russia is very much opposed to any type of use of chemical weapons and in fact secretary clinton thanked him for speaking about that which she did in brussels just yesterday, talking about that. although, brooke, you know, you have to say that the russians next breath say that they have raised that issue, in fact, with bashar al assad....
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his explanation, like clinton's. barack obama, he does not want to explain anything because he does not even believe in the goals with all due respect. and as a result he is not about to talk about it. you want to talk about other things. no wonder that the american people are despondent over this and have no will to fight it. all they see is the downside, guys coming back with an arm blown off. if the comeback. and a lot of cost without any explanation whatsoever about why this is important. without the president's standing appear leading the people as to why we have to pull together and support this and sacrifice. henry kissinger said something along. part of the reason is that their leaders have lost the capacity to get there people to follow them in any sacrifice. there is nothing to before, so why would you ever want to sacrifice? people have to have a reason to be for something. can be nationalistic. that is not really all that good, but part of winning this is to be able to talk about it with principles in min
his explanation, like clinton's. barack obama, he does not want to explain anything because he does not even believe in the goals with all due respect. and as a result he is not about to talk about it. you want to talk about other things. no wonder that the american people are despondent over this and have no will to fight it. all they see is the downside, guys coming back with an arm blown off. if the comeback. and a lot of cost without any explanation whatsoever about why this is important....
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the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do was to add that $716 billion back into medicare, which would have cut the solvency by eight years. so they attack him for $716 billion, and now they are coming around saying, mr. president, you don't have enough medicare savings in your plan when in fact his plan over the next 10 years -- >> well, both things can be true. there's still not enough detail about how you fundamentally restructure medicare because the president does not want to make that commitment yet before he solves the tax issue. we'll come back. >> absolutely the right point, davi
the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do...
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and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and
and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat...
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clinton also has strong support in her home state of new york. in a siena college poll, 64% of new york voters say she should make a run, but new yorkers aren't as enthusiastic about their current governor jumping into the race. just 39% support a cuomo 2016 presidential bid. a little early. >> it is early. >> i think she will. i think she will. >> have you ever seen a clinton, julia reed, pass up an election in which they're eligible to run in? >> were you shaking your head a little bit? >> no, no. and i think she'll run. >> yeah. >> again, over in china, that was a big question. >> stop. >> no, seriously. >> no, i get asked everywhere. >> is hillary going to run? >> absolutely. >> really? >> yep. they know who she is big time. >> biden. >> suppose she makes the decision and decides to run, you paralyze the democratic side. no donors are going to move, rightly so, because they want to find out -- >> and it completely influences the republican side because they're going to have to get somebody that can raise a bunch of money -- >> that's what mik
clinton also has strong support in her home state of new york. in a siena college poll, 64% of new york voters say she should make a run, but new yorkers aren't as enthusiastic about their current governor jumping into the race. just 39% support a cuomo 2016 presidential bid. a little early. >> it is early. >> i think she will. i think she will. >> have you ever seen a clinton, julia reed, pass up an election in which they're eligible to run in? >> were you shaking your...
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secretary clinton says the russians have refused to give him asylum. oher countries have offered, but so far, he is not negotiating his exit. assad has vowed to fight to the death. >> pelley: margaret, thank you. when the syrian people first rose up it looked like a asmatch. they had rifles against one of the largest armies in the hagion. syrian towns have been turned into rubble, and the rebels are ow.the suburbs of the capital damascus now. it is rare for reporters to reach the war zone, but elizabeth palmer managed to get o the dictatorship's main military hospital to look at the damage being inflicted on assad's army. >> reporter: the tishereen military hospital morgue in darthern damascus now receives between 20 and 50 bodies every day. most of them are soldiers. though, some civilians do end up iare, too. the man in the coffin is adnan said, a civil servant who was 30 years old. outside, his mother and brother have just learned that he was killed by a sniper on his way to work. th the hospital's intensive care unit, the men can't speak, but their
secretary clinton says the russians have refused to give him asylum. oher countries have offered, but so far, he is not negotiating his exit. assad has vowed to fight to the death. >> pelley: margaret, thank you. when the syrian people first rose up it looked like a asmatch. they had rifles against one of the largest armies in the hagion. syrian towns have been turned into rubble, and the rebels are ow.the suburbs of the capital damascus now. it is rare for reporters to reach the war...
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hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues that are on the front pages now. i think the president needs to get his person in as soon as possible. >> well, my sense is that secretary clinton weighing in perhaps suggests that the nomination is coming soon. i've talked to people on all sides of this. there's no question that benghazi continues to be litigated. even on the democratic side, there is some division on this. i've talked to democratic senators who have questioned whether she has the standing, the stature, to be secretary of state. so obviously there's some division about how people view susan rice. but here's the bottom line
hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues...
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>> well, i think what is going on now, you know, if you look and you see secretary clinton is traveling to the middle east on monday. i think what the administration is scrambling to do now is to try and put together an international coalition, much as we saw them do with libya. talking to the arab league, talking to gulf allies, talking to nato, because, of course, we're better off if we don't have to act alone. if we have the support of the international community, you know, but, frankly, i think i probably fall down where senator mccain was at least implying, and that is we've waited awfully long and we've made it a far more difficult task by waiting until now to intervene there? what's at stake? this is not the first time that chemical weapons were used in the region. we all know and remember when saddam hussein used nerve gas on the kurds in iraq. explain what happens. >> well, it takes -- i think people really underestimate or don't appreciate sort of just how powerful these are. you know, back the group in japan used it on a train, and the train doors opened, and most everyone th
>> well, i think what is going on now, you know, if you look and you see secretary clinton is traveling to the middle east on monday. i think what the administration is scrambling to do now is to try and put together an international coalition, much as we saw them do with libya. talking to the arab league, talking to gulf allies, talking to nato, because, of course, we're better off if we don't have to act alone. if we have the support of the international community, you know, but,...
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we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i think tom colts
we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight...
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and this compares to something like bush had like 231 and i think that clinton had 247. so it's not a huge gap, but it's noteworthy. i talked to the white house and said what's up? why are we not putting people up? we need more seats. they were a bit defensive and said we have been up against these senate republicans who aren't doing anything. and i got an analogy putting coffee beans into a coffee maker and it doesn't matter if you put 3,000 beans or 100 beans in the coffee maker, you are going to get one cup at a time and you can't basically put forward lots more nominees and expect the senate to do more because you put forward more. they are going to block all of these things. so it is kind of a 1-2 punch here with the reason we have this problem. it's the senate republican obstructionism. you can look at the nominees. it's senate republicans blocking this. >> it's like i understand why the white house may get tired of putting people up there because they know they are going to be shot down. >> why would adding more nominees go make it go faster? >> it won't. we shoul
and this compares to something like bush had like 231 and i think that clinton had 247. so it's not a huge gap, but it's noteworthy. i talked to the white house and said what's up? why are we not putting people up? we need more seats. they were a bit defensive and said we have been up against these senate republicans who aren't doing anything. and i got an analogy putting coffee beans into a coffee maker and it doesn't matter if you put 3,000 beans or 100 beans in the coffee maker, you are...
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i love what the former president bill clinton, the analogy, just a kabuki dance, he said, they're like two dogs that meet over a piece of meat, they sniff each other out. they're all move torgdz a deal. that's what is going on before we head over the cliff. >> no one puts it in layman's terms, no one does it as well as bill clinton. putting it in terms everyone understand. this is our visual. this is the cliff. end of the year. this is high tech. >> yeah. >> oh! what, ha ha. but see. that's right. negotiations never go in a straight line. yeah. >> little crooked there. got somer use today. hanging left. >> i hate that. >>> bizarre turn this morning for soft wereware tycoon john mcafee. he was arrested in guatemala last night for entering the country illegally and now there is word that immigration authorities are about to send him back to belize. before his arrest, mcafee spoke exclusively to abc's matt guttmann in guatemala city. >> reporter: after weeks on the lam, software security pioneer, john mcafee has resurfaced in guatemala. where we caught up with him. awe how have you been?
i love what the former president bill clinton, the analogy, just a kabuki dance, he said, they're like two dogs that meet over a piece of meat, they sniff each other out. they're all move torgdz a deal. that's what is going on before we head over the cliff. >> no one puts it in layman's terms, no one does it as well as bill clinton. putting it in terms everyone understand. this is our visual. this is the cliff. end of the year. this is high tech. >> yeah. >> oh! what, ha ha....
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martha: we hear nothing from hillary clinton who is secretary of state. they say they are doing an investigation and they will give us those answers. do you believe that? >> this was almost 3 months ago. all we know is four americans died and david petraeus had an affair. we don't know what happened or why. megyn martha: are there good meaning trying to get to the bottom of this? and will they have an impact? >> i think the administration lied and covered unand it's over. they have gone the away with it unless there are congressional hearings. unless people are called to testify, raise their hands and say what they knew. bill: the muslim brotherhood exerting its influence in egypt. will the arab regime town a hard-line islamic regime and cause the united states decades of trouble? martha: what it took to free the people trapped inside that car when we come back. >> they must have had a bright light shining down on them. when you look at the driver's come part. there is the of two loaves of bread. how the husband survived is remarkable. ll. even babies. ch
martha: we hear nothing from hillary clinton who is secretary of state. they say they are doing an investigation and they will give us those answers. do you believe that? >> this was almost 3 months ago. all we know is four americans died and david petraeus had an affair. we don't know what happened or why. megyn martha: are there good meaning trying to get to the bottom of this? and will they have an impact? >> i think the administration lied and covered unand it's over. they have...
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. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a myth that raising tax rates will kill jobs. let's talk with fred smith right now in a cnbc exclusive about that and more. frank, good to have you on the program. welcome back. >> thank you very much, maria. always good to be here. >> good to see you again. let's start with the fiscal cliff issue. when it comes to higher taxes, you seem to disagree with house speaker boehner when he says raising taxes on the highest earners will hurt jobs. can you elaborate on that? >> i think what the speaker is saying quite correctly is you don't want to increase taxes on the job creators. the problem here is the 1986 act th
. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a...
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clinton reportedly has a so many abstomach virus. she will take part with leaders on the syrian crisis. they recognize the syrian opposition as legitimate representatives of the people in that country. martha: accused colorado shooter james holmes is expected to be in court in under an hour today. this will be the first appearance for the man accused of killing 12 people in that horrific night in that crowded theater, and he reportedly tried to kill himself in his jail sell last month. alicia acuna live on this story from centennial, colorado. what is expected to happen in there today? >> reporter: good morning, martha. james holmes defense team is asking the judge to sanction the prosecution over leaks to the media, specifically that notebook we've heard so much about that james holmes sent to his university of colorado psychiatrist. defense attorneys charge that it was the prosecution that leaked the contents, and is calling witnesses today to track who handled it once it was discovered in the school's mailroom. the prosecution den
clinton reportedly has a so many abstomach virus. she will take part with leaders on the syrian crisis. they recognize the syrian opposition as legitimate representatives of the people in that country. martha: accused colorado shooter james holmes is expected to be in court in under an hour today. this will be the first appearance for the man accused of killing 12 people in that horrific night in that crowded theater, and he reportedly tried to kill himself in his jail sell last month. alicia...
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they'll have another clinton step up? further more, the democratic party is split. 17% of them are extremely lib rals and the rest of them are centrists. the senators that are running are centrists. the ones that just got elected with centrists. >> she bridges that divide right now. >> what's happened is, the extreme liberals, i guess i talk to a lot of those guys, they're also pragmatic. they would see hillary clinton as someone who could continue to make incremental progress toward what they want. >> i do think -- the whole race of 2016 pivots off of her. it will pivot off of her. republicans are going to pivot off of what she does. this is a moment where we're going to have a dominant woman candidate for president. whether hillary clinton runs or not, another woman is going to run. washington is in dire need of women leadership. this country would be served well, whether it's hillary or someone else, a woman candidate emerged. >> junior senator from new york will be that woman who's now occupying hillary's seat. >> and
they'll have another clinton step up? further more, the democratic party is split. 17% of them are extremely lib rals and the rest of them are centrists. the senators that are running are centrists. the ones that just got elected with centrists. >> she bridges that divide right now. >> what's happened is, the extreme liberals, i guess i talk to a lot of those guys, they're also pragmatic. they would see hillary clinton as someone who could continue to make incremental progress...
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Dec 2, 2012
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clinton 4% growth. more than 4% and reagan chose to that. that buoyed public sentiment that helped their approval ratings throughout enormous revenues that they could use. if obama gets a recession in the second term after the slow growth of the first term, he's dead in the water. he can't afford that. >> yes, but ball there's a whole economic school, we call it keynesian, which says that when the economy is slow and not growing, government has to step in and play the role of the engine of growth, by spending money. this is something that the democrats believe in religiously, and they think that the only way to get the economy growing again is to spend a lot of money from the government. that's where the problem comes in. >> all right. when we come back. as he prepares for a second term. president obama faces the prospect of assembling a whole new national security team. a closer look who could fill the top post and a preview of the controversies to come next. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the o
clinton 4% growth. more than 4% and reagan chose to that. that buoyed public sentiment that helped their approval ratings throughout enormous revenues that they could use. if obama gets a recession in the second term after the slow growth of the first term, he's dead in the water. he can't afford that. >> yes, but ball there's a whole economic school, we call it keynesian, which says that when the economy is slow and not growing, government has to step in and play the role of the engine...
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Dec 6, 2012
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want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the possibilities here? u.s. military officials say it would be very difficult to target certain areas. there are possibilities if they're going to load them on the planes. they could use cruise missiles to attack airstrips, for example. they can't blow up the weapons sites themselves, otherwise then the deadly gases could be spread among the public and kill thousands. the only other option according to some people that i've been talking to over the past couple of days is possibly take those cruise missiles and aim them not only at the airport strips, but at regime targets. even perhaps president assad himself. but so far, w
want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the...
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear how the reserve would response to this. we need to scale back from the cliff. at the
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability....
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Dec 3, 2012
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on friday secretary of state hillary clinton criticized the israeli construction plan as well saying it will set back the cause of the negotiated peace. today state department spokesman mark toner echoed clinton's warning. >> we consider these kinds of actions, these kinds of unilateral decisions to be counterproductive and make it harder to resume direct negotiations. >> suarez: israeli settlers dismissed the outside criticism. instead they said there should be no stopping the construction for any reason. >> this announcement is actually called for. the big question is why do we need to do these things as a reaction to something? if we believe in our ability, in our need to build and expand the land of israel then that's what we should do regardless of what the other side is doing. >> suarez: an israeli government planning meeting on the new settlement is expected later this week. actual construction could still be months or even years away. for more on what the possible construction of this settlement could mean for the stalled peace process, i'm joined by david makovsky of the was
on friday secretary of state hillary clinton criticized the israeli construction plan as well saying it will set back the cause of the negotiated peace. today state department spokesman mark toner echoed clinton's warning. >> we consider these kinds of actions, these kinds of unilateral decisions to be counterproductive and make it harder to resume direct negotiations. >> suarez: israeli settlers dismissed the outside criticism. instead they said there should be no stopping the...
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joining me now, bernard whitman, former pollster for bill clinton and author of "52 reasons to vote for obama," or why people should be glad they voted for obama i guess after the fact, bernard, and also gretchen ham hamil. panel, welcome to you both. this is something. we've seen these right-to-work states becoming more and more popular, almost half the states in the night that are going right to work, but, gretchen, let me "street smart" with you on this -- start with you on this as a republican. >> well, you have to look at the past two years in michigan, some of the highest unemployment rates over the past two years reaching nearly 15% and currently 9.2%. so you see a state there that has an economy that is struggling and wanting to put into place measures that would create some economic growth. and that's what in the right-to-work measure would do. it would allow companies to come there and make them more attractive to coming there and doing business in michigan. megyn: bernard, what does this say to you about the strength of the union movement in this country? >> well, you know, i
joining me now, bernard whitman, former pollster for bill clinton and author of "52 reasons to vote for obama," or why people should be glad they voted for obama i guess after the fact, bernard, and also gretchen ham hamil. panel, welcome to you both. this is something. we've seen these right-to-work states becoming more and more popular, almost half the states in the night that are going right to work, but, gretchen, let me "street smart" with you on this -- start with you...
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>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...